CareTrust REIT Inc expected to post earnings of 23  cents a share - Earnings Preview

CareTrust REIT

03/11/2023 11:21

* CareTrust REIT Inc  CTRE.N   CTRE.K  is expected to show a
rise
in quarterly revenue when it reports  results on November 6
(estimated). 
    * The San Clemente California-based  company is expected to
report
 a 3.3% increase in revenue to $51.95 million from $50.29
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for CareTrust REIT Inc
is for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CareTrust
REIT
Inc is $23​, above​ its last closing price of $22.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.35        0.35       0.35      Met     -1.2
 Mar. 31 2023  0.35        0.36       0.35      Missed  -2.4
 Dec. 31 2022  0.38        0.37       0.38      Beat    2.2​
 Sep. 30 2022  0.37        0.38       0.37      Missed  -1.5
 ​​Jun.        0.36        0.36       0.37      Beat    3.1
 30 2022                                                
 Mar. 31 2022  0.37        0.38       0.37      Missed  -1.3​
 Dec. 31 2021  0.39        0.39       0.39      Met     0.2
 Sep. 30 2021  0.38        0.38       0.38      Met     0.3
 This summary was machine generated November 3 at 11:21 GMT.  All
figures in US dollars  unless otherwise stated